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5781 South Archer Avenue, C...

Updated Oct 28, 2024

Advanced Jaf Holding LLC Acquires Retail Property In Chicago For $3.2M
SOLDRetail

Advanced Jaf Holding LLC Acquires Retail Property In Chicago For $3.2M

5781 South Archer Avenue, Chicago, IL 60638, USA

$3,185,840

$903/SF

Building Size

3,525 SF

Asset Type

Retail

Closing

Sep 21, 2021

About this deal

AI

Located at 5781 S Archer Ave in the city of Chicago, this retail property recently changed hands in a sale transaction. The property spans a total of 3,525 square feet and was sold for a price of $3,185,840, resulting in a price per square foot of $904. The transaction took place on September 21, 2021.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: $3,185,840
  • Square footage: 3,525
  • Price per square foot: $904
  • Address: 5781 S Archer Ave, Chicago
  • Market: Chicago

The buyer of the property is Advanced Jaf Holding LLC, while the seller is GW Archer LLC. Representing the buyer in the transaction was Andy C. Kawatra from Marcus & Millichap.

Players

Andy Kawatra

Marcus & Millichap

Broker

$85.8M

vol

28 deals

Broker

Chicago Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $903 per square foot on a published $3.2M for 3,525 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.98%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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